StanCorp Financial Group (SFG) Misses Q3 EPS by 19c

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StanCorp Financial Group, Inc. Reports Third Quarter 2015 Earnings

October 22, 2015 4:15 PM EDT

PORTLAND, Ore.--(BUSINESS WIRE)-- StanCorp Financial Group, Inc. (StanCorp or the Company) (NYSE: SFG) today reported net income of $55.2 million, or $1.28 per diluted share for the third quarter of 2015, compared to net income of $69.8 million, or $1.62 per diluted share for the third quarter of 2014. After-tax net capital losses were $3.9 million for the third quarter of 2015, compared to after-tax net capital losses of $3.0 million for the third quarter of 2014.

Operating expenses for the third quarter of 2015 reflected expenses associated with business growth and an additional $3.0 million of after-tax expenses, or $0.07 per diluted share,... More